The numerical listing that assists banks and other lenders in the determination of your creditworthiness is known as a credit score. This scoring may also be used in the application for insurance policies, jobs or even renting a house.
Most personal finance specialists agree that instead of relying on the use of credit cards for most purchases is not considered a smart move. However, there are exceptions.
Financial problems hit everyone at some point, and families are in no way immune. Regardless of the size of your income and the size of the debt your family is carrying, finances are a common hot-button issue in most households.